I don't understand how one market leader can drag the whole market down. By logic, if people are dumping a commodity, they must be buying something else in the same market. Well, maybe this doesn't work with crypto then.
Also, the news that 6 million people will sooner or later discover and start trading on Steem should have created a buzz among the existing market who should have bought Steem while it is down, thus raising demands and prices.
I don't seem to comprehend how all this works in crypto.